Saudi-Singaporean Business Forum to Seek Ways to Boost Economic Partnership

Saudi Minister of Commerce Dr. Majid Al-Qasabi. (SPA file photo)
Saudi Minister of Commerce Dr. Majid Al-Qasabi. (SPA file photo)
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Saudi-Singaporean Business Forum to Seek Ways to Boost Economic Partnership

Saudi Minister of Commerce Dr. Majid Al-Qasabi. (SPA file photo)
Saudi Minister of Commerce Dr. Majid Al-Qasabi. (SPA file photo)

Saudi Minister of Commerce Dr. Majid Al-Qasabi headed the Kingdom’s delegation consisting of 36 public and private sectors representatives to Singapore where they will participate in the Saudi-Singapore Business Forum, reported the Saudi Press Agency on Monday.

The forum, which runs through to September 27, will tackle bilateral trade in goods and services and ways to boost economic partnership.

Al-Qasabi met with Singaporean Minister of Education Chan Chun Sing, and Singaporean Minister of Social and Family Development and Minister-in-charge of Muslim Affairs Masagos Zulkifli on Monday to discuss cooperation in education, mostly equipping students with the skills required by future industries, digital literacy, and entrepreneurship.

They discussed the main features of the Singaporean education system, exchanging experience and holding training courses, cooperation between universities and schools, and expanding scholarship programs.

Vice Minister of Commerce and CEO of the National Competitiveness Center Dr. Eman Al-Mutairi and Saudi Ambassador to Singapore Abdullah Al Madhi attended the meeting.

Al-Qasabi also met with Chairman of Singapore Economic Development Board Png Cheong Boon and with Chairman of JTC Corporation Tan Chong Meng to discuss cooperation to stimulate economy, commercial solutions offered to companies, developing industrial zones and business parks, and digitization in manufacturing.

Also discussed was cooperation in the field of service economy and reviewing the best practices and key programs to enhance competitiveness.

Prospects for National Competitiveness Center and the Asia Competitiveness Institute at the Lee Kuan Yew School of Public Policy cooperation in research were also discussed with Vice Dean of the School Francesco Mancini and Director of the Institute Paul Cheung.

Over the next two days, Al-Qasabi will hold meetings with several Singaporean ministers and officials, including Minister for Trade and Industry Gan Kim Yong, Minister for Manpower Tan See Leng, Minister for Communications Josephine Teo, Chairman of Enterprise Singapore Peter Ong, and Chairman of the Board of Directors of the Supply Chain and Logistics Academy Robert Yap.

The Saudi delegation will visit specialized educational institutions, business innovation centers, and the port of Tawas, the world's largest automated port, with the aim of getting familiarized with best practices and quality services in various fields.

It will also participate on Tuesday in the Saudi-Singapore Business Forum, organized by the National Competitiveness Center in cooperation with the Federation of Saudi Chambers and the Singapore Business Federation.

The forum will discuss the progress made in implementing the Kingdom's Vision 2030 since its launch in 2016, opportunities to boost economic partnership, and strengthening cooperation between the two countries in several vital sectors, including logistics, e-commerce, and modern technologies.

The delegation includes several government agencies, including the ministries of commerce, investment, education, health, and industry and mineral resources, the Standards, Metrology and Quality Organization, the Small and Medium Enterprises General Authority (Monshaat), the Saudi Data and AI Authority (SDAIA), the Saudi Business Center, the Saudi Ports Authority (Mawani), the Food and Drug Authority, the National Competitiveness Center, the National E-Learning Center, the Saudi Logistics Academy, the Federation of Saudi Chambers, and officials from Saudi companies.



Egypt’s Tourism Minister: We’ve Agreed on Future Initiatives with Saudi Arabia


A glimpse of the visit by the Egyptian Minister of Tourism and Antiquities and his accompanying delegation to the UNWTO office in Saudi Arabia (Asharq Al-Awsat)
A glimpse of the visit by the Egyptian Minister of Tourism and Antiquities and his accompanying delegation to the UNWTO office in Saudi Arabia (Asharq Al-Awsat)
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Egypt’s Tourism Minister: We’ve Agreed on Future Initiatives with Saudi Arabia


A glimpse of the visit by the Egyptian Minister of Tourism and Antiquities and his accompanying delegation to the UNWTO office in Saudi Arabia (Asharq Al-Awsat)
A glimpse of the visit by the Egyptian Minister of Tourism and Antiquities and his accompanying delegation to the UNWTO office in Saudi Arabia (Asharq Al-Awsat)

Egyptian Tourism Minister Sherif Fathy told Asharq Al-Awsat that he and Saudi Tourism Minister Ahmed Al-Khateeb have agreed to collaborate on several tourism initiatives.

These include joint marketing efforts, shared tourism programs, environmental protection measures, and promoting specific types of tourism in the Red Sea.

Fathy recently visited Riyadh, where he met with Al-Khateeb and engaged with Saudi business leaders. They discussed ways to promote tourism between their countries and increase visitor exchanges.

During his visit to the United Nations World Tourism Organization (UNWTO) regional office in Riyadh, Fathy stated that the office’s presence in Saudi Arabia enhances the organization’s work in the region and improves communication with other countries.

He confirmed that they plan to develop and implement the agreed initiatives in the near future.

Fathy highlighted that the Middle East is a key player in global tourism and deserves a dedicated office to support all countries in the region. This effort aims to boost collaboration and promote the Middle East as a top destination for travelers.

Tourism, National Economy: A Path to Sustainable Growth

Samer Al-Kharashi, Director of the UNWTO regional office for the Middle East, stated that the office supports 13 countries in the region, with Egypt being a key member.

He highlighted that the recent visit by Egypt’s Minister of Tourism and Antiquities, who serves as Vice President of the regional committee, creates opportunities for collaboration.

This partnership aims to boost tourism’s role in the national economy, create jobs, and promote sustainable practices that protect the environment.

Speaking to Asharq Al-Awsat, Al-Kharashi emphasized the potential for cooperation with Egypt, which has a rich tourism history and many ancient sites. He noted that the regional office has the expertise to assist member countries.

Al-Kharashi expressed optimism about the discussions, which covered various opportunities for joint projects that would benefit both Egypt and the wider region.

Strengthening Bilateral Relations

Fathy’s visit to the UNWTO regional office aims to enhance bilateral relations, as Cairo actively seeks to develop its tourism sector through international collaboration.

During their meeting, Fathy and Al-Kharashi addressed key issues facing Egypt’s tourism sector, including challenges and growth opportunities. They explored future cooperation, particularly in tourism training, improving services, and increasing investments.

Egypt ranks first in Africa, fifth in the Middle East, and 63rd globally on the Travel and Tourism Development Index.

The UNWTO regional office in Riyadh is the first of its kind outside the organization’s headquarters, dedicated to supporting member states in the Middle East.

The office focuses on promoting tourism education, improving infrastructure, and fostering sustainable tourism while preserving the region’s cultural and environmental heritage.